Endeavour Silver Corp. (NYSE: EXK) announced that processing resumed at the Guanacevi mine site following the completion of temporary modifications.
On Aug 12, 2024, the company announced that the trunnion of the primary ball mill at the Guanacevi mill had failed, resulting in the suspension of material processing at the mill.
Since then, EXK made modifications to the plant to repurpose one of the regrind mills as the primary ball mill. However, mining will continue at a reduced rate of 400 tons per day (tpd) during this temporary period to maintain the ore body's safety and long-term viability. During this temporary phase, the plant has the potential to produce around 500 tpd or around half of its projected output capacity of 1,200 tpd.
In this period, the mining operation will concentrate on delivering the highest-grade ore to the mill while accumulating the rest. Contract mining and local third-party material procurement will be halted until the process plant operations are restored to full capacity.
These temporary solutions are expected to manage cash flow until the primary mill is fully functioning.
Due to the lower operating capacity for 15 weeks, 2024 operating costs and all in-sustaining costs ...
